A former truck driver, who authorites report falsely claimed to have been injured and permanently disabled in the terror attack on the World Trade Center on Sept. 11, 2001, was sentenced recently to 30 months in federal prison for making …
They’re throwing Mardi Gras beads again, so many strands, they’re landing in tree branches and getting snagged on the trellised balconies of the French Quarter. They’re adorning the arms of Spanish statues. Tourists are wearing them, but these days so …
Confidence in the reserve adequacy of U.S. insurers increased modestly for accident years 2003 and 2004, according to Standard & Poor’s, but the rating agency said insurers’ ability to attain adequate reserves for accident years 2001 and prior remains a …
Lloyd’s is on the verge of suing two of its largest brokers, Aon and Benfield, over the Central Fund reinsurance policy they negotiated with six insurers in 1999. The policy, underwritten by Swiss Re, Employers Re, The St. Paul, Hannover …
Lloyd’s is on the verge of initiating formal legal proceedings against two of its largest brokers, Aon and Benfield, over the Central Fund reinsurance policy they negotiated with a group of six insurers in 1999. The policy, underwritten by Swiss …
The Chubb Corp. reported that net income in the fourth quarter of 2005 was $614 million or $2.92 per share, compared to $468 million or $2.39 per share in the fourth quarter of 2004. Operating income, which the company defines …
Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of public opinion. A New Jersey Supreme Court ruling allowing people who …
From New England to Virginia, courts and juries made insurance headlines Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of …
Families of New York firefighters killed at the World Trade Center on Sept. 11, 2001, failed this week to persuade the Supreme Court to allow them to go forward with a lawsuit against New York City and Motorola for supplying …
New York City was dismissed from a federal lawsuit alleging that it was negligent in the collapse of a building at the World Trade Center that crumbled hours after the twin towers fell. Judge Alvin K. Hellerstein dismissed the city …
